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20121231
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hawaii tonight to come back to d.c. let's speak to a republican from florida. congresswoman, you played a big role in getting a marine out of a nightmarish prison in mexico and back to his family for christmas. first, i want to ask you about the fiscal cliff and what's happening in the next couple of days. first, do you think it's possible we'll get anything other than a band-aid between now and six days from now when the triggers kick in? >> i'm very optimistic if all of us pull our weight and do some serious conversations we'll have a bipartisan solution, because nobody wants to go over this fiscal cliff. it will damage our economy. it will hurt every taxpayer, the largest tax increase in history. it will affect everybody, and anyone who is watching who thinks, oh this isn't going to impact me, you will fin out d o will, and we know the problem is a lot of spending. not that we're not taxing people more, we're just spending too much. we hope that the president understands that as for as republicans are concerned, we're willing to negotiate and have a civil conversation, but also he's
left for hawaii he had a meeting at the white house with senate majority leader harry reid and seeing both sides dig in on what they want and i think the smaller package, at least before new year's or right around the beginning of the year is probably the best to hope for. right now they're running out of time. lawmakers aren't returning to town, most of them, until tomorrow. the president won't be back until tomorrow and while most rank and file members won't be involved in the day-to-day negotiations of whatever this deal might be, they're going to have to vote for it. you saw right before christmas, speaker john boehner tried to move his own independent plan to raise taxes on income levels over a million dollars and he wasn't able to do that successfully. and i think it was a big sign about the difficulties he'll have even wrangling the majority of his caucus and so i think in order to get something done, anything done, to make sure that taxes don't increase on middle class americans, to make sure that the spending cuts don't start immediately, a lot of lawmakers are leary of them
to negotiate. president obama left hawaii early this morning, expected to land in washington next hour. senators will also be back, trying to craft a bill. we expect to hearing from him on the floor in moments. the house is still home. they'll hold a conference call with members today. to make matters worse, you say oh by the way, you'll hit the debt ceiling on monday. we also have ryan grimm. yeah, you. there you are. >>> it looks like they're pointing -- >> and politicians, and so what we're sealing is -- for deficit reduction. and spend seg cuts off their shoulders, and make it inevitable, saying, you know what? it didn't just happen to them. they pass the sequester, which contained severe, rapid definite at this time reduction. it was almost inevitable, almost the moment they passed the sequester. >> to you, ryan, i was alluding to how both sides are saying different things. two members of the house said this last hour. we had one democrat and one republican. take a listen. >> i think there's still a chance to get something done. that's what happened in the budget deal, i think tha
are we in the usa imitating failure? did you know that california and new york and hawaii are also poised to hit their richest people with a greater than 50% tax rate? isn't that great? emulate france. here now is jim pethokoukis of the american enterprise institute. jim, i thought we wanted to emulate success, not furl. >> i thought so, too. listen, the president wants to run an experiment and see how high we can crank up tax rates in this country without it hurting economic growth. they're already running it in europe, in france, in great britain. the entire european experiment here has been one of tax hike austerity. even though they focus on the spending cuts, you're talking about a high tax area raising taxes even higher. we're trying to to do the same thing here. >> least the brits have the humility to acknowledge their mistake. they took the rate from 40% 050%. millionaires left the island. now they're coming back and dropping it to 45%. at least the brits have some humility. the french don't seem to have any. those socialists are going to go down with the ship. >> they're going to
today. the president is pulling the plug on his trip to hawaii to tend to urgent matters in washington. with tax hikes looming in less than a week, he's scheduled to return to the white house tomorrow, just as a deadlocked congress reconvenes days ahead of the so-called fiscal cliff. you're just six days from feeling this. now, first hit is coming on january 1st when your take home pay will drop by 2% because of a scheduled hike in the social security payroll tax. that's just the start. income taxes are set to climb too. and you'll notice that when employer gets to around the adjusted withholding, the government spending cuts, those are also scheduled for january 1st and bound to slow the economy and some argue they'll weaken the military. congress has seen this coming, but an effort to limit the damage failed last week. republican house speaker john boehner could not persuade enough members of his party to let tax rates rise on incomes over a million dollars while sparing everyone else. dana bash is our senior congressional correspondent. dana, this time tomorrow, the president is sup
's. it's amazing what soup can do. >>> the president heading back to d.c. from hawaii to try to keep america from going over the fiscal cliff. as the house and senate reconvene tomorrow. the clock is ticking. six days until the deadline. the way things work in washington, can they actually get something done before the end of the year? brianna keilar, what is the latest on this? >> hi, there, drew. president obama will be heading home from hawaii tonight, logical time arri arriving in d.c. thursday morning when the senate will be reconvenin reconvening, and the senate, all eyes on now, that we look for the last-ditch effort to avoid the fiscal cliff. even though the president is returning on thursday, we may not see the senate roll out its bill to deal with the fiscal cliff. perhaps for a couple of days. this is entirely possible we've learned from sources as senate majority leader harry reid works to get republican support in the senate, which he will need if he's going to pass a bill. and so we're still waiting to see exactly what it will look like that the white house wants for th
.s. naval base in pearl harbor, hawaii. last summer a dozen veterans went back to the base where they served and survived. >> at first i thought it was not going to affect me too much. but it is tough to see all of the misery that was created. >> after 70 years, believe me. >> their entire hon horr and flight documented for a film called back to pearl. joining me is chris hibon who is in the air force and pearl harbor survival. known as cookie cook. good morning to both of you. >> good morning. cookie on the morning of december seventh. you were there in the barracks. you were in the shower getting ready for church. >> that's right. >> where were you? do you remember? >> i right there. >> a bomb went ouv nearby. >> it went off down in here. i was underneath this. >> you ran out of the building and smart enough to jump underneath a car. >> yes. >> you felt another gi may have saved your life that day. >> i think so. he was in front of me and they dropped the bombs right in here. and the scrap nel hit him first because he was underthe car in front of me. >> steve: you put this movie together.
. the question is, who? the president met with senate majority leader harry reid before going to hawaii and his offer was to extend the tax cuts for incomes under $250,000, extend unemployment insurance benefits, and the lady across -- and then delay the across the board automatic cuts that are supposed to start january 1. that seems to be a non starter with republicans. it's hard to see where we go from here. host: have they been talking over the christmas break at all? also, one has been the role of -- what has been the role of senator mitch mcconnell? guest: the line that comes from the speakers office all the time is the line of communication remain open. i don't know how much talking they did as the president was in hawaii spending time with his family and the speaker was back home in ohio, i believe. i don't know that for sure. everyone was doing their family time and not really working that significantly on something. i think there was probably some minimal conversation, but not a lot. as for the senate minority leader mitch mcconnell, i think that is a good one. a lot has been made in
morning. >> reporter: well, good morning, rebecca. the president boarded air force one in hawaii early this morning and headed back to washington to deal with the so-called fiscal cliff. with just five days until the combination of automatic tax increases and spending cuts that could send the economy back into recession, the president wants congress to take the lead in getting the job done. the senate convenes later today and majority leader harry reid has told members to be prepared to work on fiscal cliff issues through the weekend. reid is working on his own plan to get members to come together before the end-of-the-year deadline. that plan would likely include letting the bush tax cuts expire for households making more than $250,000 a year and short-term spending cuts instead of the massive cuts that would occur if there is no deal. after a wednesday conference call, house republican leaders issued a statement saying they're waiting for the democratic-controlled senate to act. adding to an already volatile situation, treasury secretary tim geithner in a lette
in washington for the late senator of hawaii. a lot go to hawaii tomorrow for the funeral. the senate will probably be back after christmas. who knows what's going to happen. >> like you said, this is really uncharted territory. who knows how this is going to shake down. all we know is there's 11 days left to figure it out. thanks very much. >> is this a lethal blow to boehner, do you think? >> lethal may be going far. does hurt him. rt question is, can speaker boehner influence his own party in the house? this may weaken his position. >> absolutely crazy. >> you know what looks a heck of a lot like the fiscal cliff negotiations? the hockey season. it's not looking good. the nhl has now canceled games through mid-january because of the labor dispute. more than 600 games have been scrubbed. that's half the league's entire schedule for the year. players can decide today if they want to claim the lockout is illegal and sue owners. that's one more step in this whole mess. who knows when they're going to play hockey again. >> why not cancel the season? >> i think people would love it if th
when they hit hawaii? i hope ed henry is okay. surfers tell their dramatic story. kelly: plus a high-tech mystery going on in iran. did it come under major cyberattack or not? we'll go in depth next there is no mass-produced human. so we created the extraordinarily comfortable sleep number experience. a collection of innovations designed around a bed with dualair technology that allows you to adjust to the support your body needs - each of your bodies. our sleep professionals will help you find your sleep number setting. exclusively at a sleep number store. comfort individualized. save 50% on the final closeout of our silver limited edition bed plus special financing through new years day. kelly: a desperate search for a 10-year-old girl in las vegas. last seen with a suspect wanted in a casino stabbing. the effort to find her safe and alive. >>> and new criticism over president obama's reported pick for secretary of defense. the backlash coming from the right and the left over the potential nomination of chuck hagel and whether it could make him bail out. >>> and serious health warn
. if you live in new york or boston you will find the mid 200s. even hawaii, you will lose all your crew today because in january, newark to honolulu, by the time you get there, it will be all gone but $419. >> you are going to lose a great deal. we have a little time. i want to get quickly, first class domestic fares, you can get a good deal and fly up front. quickly. >> check three bags for free. washington d.c. to fort lauderdale looking at 439, 6 foot tall or five foot tall, extra legroom, i could drink that kind of beverage for that kind of phrase. in new york 500, even san juan, pr out of dallas and chicago, first class, mid seven hundred range. shibani: you had a vacation. thanks very much. looking forward to your palm tree shirts in return. see you soon. dennis: is 14 minutes till. stocks every 15 minutes. the dow looking bad here. nicole: looking great on wall street today as far as the numbers if you are bullish out there and hoping for some strong finish the day after christmas. here is on look at the dow jones industrials down 55 points. a majority of names have been under pr
out here to hawaii for the holidays. he and the first lady went to visit some troops at a u.s. marine base here, and he had a very simple, direct message. take a listen. >> so we know that it's not easy, but what we also want you to know is that you have the entire country behind you, and all of us understand that we would be nowhere without the extraordinary service that you guys provide. >> reporter: now, after the red eye flight tonight the president will be landing in the washington area early thursday, likely meeting with congressional leaders at some point later this week into the weekend. interesting, after a long flight like that, he'll probably need some coffee. starbucks revealing it's going to be having its employees to write "come together" on their coffee cups in their washington, d.c. shops trying to inspire folks in both parties to work out differences. we'll see whether or not this has any influence on both sides. gregg: i really didn't hear anything you said because i was looking agent -- at the beautiful diamondhead in the background. [laughter] tell our viewers what
. the president can step up and say hey, i don't want to go over the cliff. harry reid can come back from hawaii and actually go back to work. we can make that happen. we don't have to raise tacks on anyone. but what we know what we have to do is actually focus on the problem. and i think most americans are starting to understand, washington is trying to convince us that they're not taxing enough. everybody knows $1.3 trillion deficit is not a tax problem. >> congressman, again, i agree with you, but we also live, if you see "lincoln" or see what's happened over the past 200 years, we live in a divided government. that's our constitutional republic. and there are going to be tax increases. and if you do nothing, there are going to be tax increases on january the 1st. wouldn't you rather shape it than just let taxes go for everybody on january the 1st? >> that's a great question for december 31st. and that might happen. but again, where are the spending reductions? where are the entitlement reforms out of harry reid and the president of the yaunited states? i disagrees with boehner caving on taxe
inouye, and that service will take place in hawaii and it has created a challenge for us as it relates to the schedule. we understand that this is a difficult, difficult time. we need to work together to put in place pro-growth and economic policies. i think, as i said in my opening remarks, there is a bipartisan way to do that. commend the president for his proposal to lower the corporate tax rate. real tax reform -- this can be done in a bipartisan way. real entitlement reform does not hurt our fellow americans. that is something that can be done in a responsible way. i will simply say that this is not a perfect process, but it is the end of the session -- the process is going on right now to deal with a tough situation. we do not want afro-americans to be hurting, especially at this time of year -- we do not want our fellow americans to be hurting, especially at this time of year. i think we can see an agreement which will work to ensure that does not take place. mr. speaker, i urge my colleagues to support the rule, support the andrews -- underline legislation, both taxes and the e
one in hawaii and make jim and me. [ laughter ] >> stephanie: what a delightful idea. also breaking news -- [♪ "world news tonight" theme ♪] >> senior administration officials have confirmed that president obama will nominate john kerry. >> which means that scott brown will -- >> stephanie: let's not give up yet. however, a new poll says scott brown would be in a strong position to win in a special election if john kerry. 47% would vote for brown compared to 39% who would vote for a generic democrat. there are a couple of silver linings i'm hoping for. [ inaudible ] kennedy, jr. wasn't tested. and he is interested in running. and the other name we heard yesterday. ben affleck. [ bell chimes ] [ applause ] >> stephanie: and he is much more handsome. and scary smart. >> he did. but do you think he would give up his lucrative career? >> stephanie: i think he might. >> okay. >> stephanie: i'm just saying. let's dive into the right-wing world. sean hannity. >> this is after the tragedy. >> stephanie: with the fiscal cliff. >> yep. >> i watched the president. and wit
Search Results 0 to 15 of about 16